Chaman Metallics
- Market cap
- ₹ 265 Cr.
- P/E
- 43.6x
- P/B
- 2.88x
- 52-week range
- 90 – 183.9
- ROE
- −2%
- ROCE
- 5%
- Dividend yield
- 0%
- Debt / equity
- 4.62
- Sector
- Ferrous Metals
- Industry
- Sponge Iron
- Listed on
- NSE SME
About
Chaman Metallics Limited is an India-based company, which operates as a steel producer. The Company is primarily engaged in the business of manufacturing and selling direct reduced iron, which is sponge iron. The Company is also engaged in the manufacture and sale of iron and steel. Its segments include Sponge Iron, Ferro, and Power. Through its sponge iron business, the Company caters to the metallic requirements of steel producers in selected geographies. During the production of sponge iron, a solid waste is produced as a by-product called dolochar, which is used in power generation. It operates in various segments of steel, such as Sponge Iron, Ferro alloys, MS Ingots, and re-rolled products. Its manufacturing facility is located in Chandrapur, Maharashtra, spans over 63 acres, and features two rotary kilns with a combined annual capacity of approximately 72,000 metric tons (MT) for production of sponge iron.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Sponge Iron: 7 companies →Chaman Metallics against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)43.6 against a typical 19.2: pricier than most peers (1st = cheapest).6th of 7
- Sales growth+255.7% against a typical +21.8% from a year earlier.1st of 6
- Profit growth−150% against a typical −30.9% from a year earlier.4th of 4
- Share price, 3 months+14.3% against a typical −5.7%.2nd of 7
- Size₹ 265.5 Cr. market value against a typical ₹ 201.9 Cr. (1st = largest).3rd of 6
Latest announcements
Exchange filings and their impact on the company.
- H1 volumes surged on newly expanded integrated capacities, pointing to strong revenue growth and a return to profit.
Chaman Metallics reported a strong H1 FY27 operational update. Sponge iron production rose 25% to 79,553 MT, silico manganese more than doubled to 9,981 MT, and MS billets reached 45,244 MT with 45,309 MT sold. Captive power generation jumped to 10.83 crore units. The numbers show its expanded integrated plant running at higher utilisation with more captive use, which should support higher sales and better efficiency going ahead.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 29 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 10 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 30 May 2025 | Financial Results/Fund Raising/Other business matters | To consider and approve the financial results for the period ended March 31, 2025, Fund Raising and other business matters |
| 24 Oct 2024 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2024 and other business matters |
| 30 Apr 2024 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2024 and other business matters |
| 8 Nov 2023 | Financial Results/Other business matters | i. To consider and approve the Un-audited Financial Results of the Company for the half yearended on 30th September, 2023, along with the limited review report for the said period.ii. To consider any other matter which the Board deems fit. |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 111 | 111 | 116 | 92 | 97 | 91 | 81 | 197 | 345 |
| Expenses | 101 | 101 | 100 | 80 | 91 | 82 | 75 | 185 | 317 |
| Operating Profit | 10 | 10 | 16 | 12 | 6 | 10 | 6 | 12 | 28 |
| OPM % | 9% | 9% | 14% | 14% | 6% | 10% | 7% | 6% | 8% |
| Other Income | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | −2 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 11 | 19 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 10 |
| Profit before tax | 9 | 9 | 14 | 12 | 4 | 8 | 5 | −3 | −2 |
| Tax % | 24% | 24% | 29% | 25% | 19% | 24% | 29% | −20% | −20% |
| Net Profit | 7 | 7 | 10 | 9 | 4 | 6 | 4 | −3 | −2 |
| EPS in Rs | 8.64 | 3.84 | 4.26 | 3.71 | 1.48 | 2.56 | 1.5 | −1.06 | −0.67 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 31%
- 3 Years
- 33%
- TTM
- 214%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- −118%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 19%
- TTM
- —
- 10 Years
- —
- 5 Years
- 13%
- 3 Years
- 7%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Chaman Metallics | ₹ 113.20 | ₹ 265 Cr. | 43.6x | 2.9x | −2% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 41.6x | 3x | — | 14.8% |
| Lloyds Metals And Energy | ₹ 1,780.40 | ₹ 1,00,195 Cr. | 27.8x | 7.6x | 36.2% | 22.4% |
| Jindal Steel | ₹ 1,012.00 | ₹ 1,04,634 Cr. | 25.9x | 2.1x | 6.9% | 6.3% |
| Jindal Stainless | ₹ 684.00 | ₹ 56,394 Cr. | 18.8x | 3.1x | 17.5% | 7.4% |
| Welspun Corp | ₹ 2,402.00 | ₹ 63,363 Cr. | 25.9x | 4.6x | 19.4% | 9.7% |
Management
- Chetan Kumar Agrawal
- Chairman of the Board, Managing Director
- Keshav Kumar Agrawal
- Chief Financial Officer, Joint Managing Director, Director
- Rahul Relwani
- Compliance Officer, Company Secretary
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